Replies to post #97894 on Zeev's Turnips Patch-No Politics (ZEEV)

[cannabbis]

Are you referring to deferred revs?That was a big issue with MSFT ahead of this report.They are ignoring everything but the 2 cents so far.

[mjk]

And from INTC...

Gross margin percentage in the second quarter is expected to be approximately 50 percent, plus or minus a couple of points, as compared to 52 percent in the first quarter. The decrease is due to a combination of factors, primarily driven by higher expected startup costs in the second quarter and the expectation that a benefit in the first quarter from the sale of previously reserved inventory will not reoccur in the second quarter.

Seems like everyone's cooking up some way of meeting their numbers. We'll see what the futures are like in the morning.

[Babylon]

Looks like yet another run well above 1400 again. Another fakeout-breakout, or a real breakout ahead? If they're buying this from the majors, what can bring it down to phase-II, let alone phase-III unless the time table is pushed out several months..?

[fisherman]

I do not believe that unearned revenues were recognized as reveues. The total sale is booked when shipped but that portion of the sale not earned is transferred from sales to unearned revenues. You only become concerned when unearned revenues decline from one quarter to the next because sales for that quarter were increased from prior period sales.

[Tim Lamb]

Zeev:

I can tell your rushing. MSFT deferred revenues are where the company actually has either received the cash or set up an accounts receivable but instead of crediting the sale they set up a liability.

I would think the street would not like the forecast of a sequential drop in revenue and earnings for next quarter

[bethere]

RMBS 15.25